Real estate sets April record
EAGLE COUNTY – April’s sales of entry-level housing – priced $500,000 to $1.5 million – drove real estate sales to a one-month record. A total of 375 transactions totaling $226 million were tracked by Land Title for the month. While the dollar volume isn’t a record, it’s close. It’s the third best, behind December’s $280 million and September’s $241 million. The sales totals are 164 percent better than last April’s figures and the transaction totals are 170 percent better.Sales at the other end of the economic spectrum – $2 million and up – were few, with just 25 transactions, but the sale of those properties accounted for $123 million, or 55 percent, of the month’s dollar total.Topping the trophy home acquisitions was a $10.8 million, 9,300-square-foot Strawberry Park home with six bedrooms and 6.5 bathrooms. A Beaver Dam Road home in Vail of 3,335 square feet, containing six bedrooms and six baths, sold for $5.4 million. At the four-month juncture of 2005 total sales price of real estate in Eagle County was $608.45 million – nearly one-third better than 2004’s year to date sales total. The average price of what was sold in April was $745,834.Vail, Colorado
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